On October $1,2023,$ Ross Wind Energy Inc. issued a $$1,530,000,8\mathrm{.}5\%,$ seven$-$year bond. Interest is to be paid annually each October $1.$ Assume a November $30$ year$-$end. $($Use appropriate factor$($s$)$ from the tables provided.$)$

Required:

a$.$ Calculate the issue price of the bond assuming a market interest rate of $6\%$ on the date of the bond issue. $($Do not round intermediate calculations. Round the final answer to the nearest whole dollar.$)$

Issue price of the bond

b$.$ Using the effective interest method, prepare an amortization schedule. $($Do not round intermediate colculations. Round the final answers to the nearest whole dollar. Enter all the ariounts as positive values.$)$

$\backslash$table$[[\backslash$table$[[$Period$],[$Ending$]],\backslash$table$[[$Cash$],[$Interest$],[$Paid$]],\backslash$table$[[$Period$],[$Interest$],[$Expense$]],\backslash$table$[[$Premium$],[$Amort$.]],\backslash$table$[[$Unamortized$],[$Premium$]],\backslash$table$[[$Carrying$],[$Value$]]],[$Oct$.\frac{1}{23},,,,,],[$Oct$.\frac{1}{24},,,,,],[$Oct$.\frac{1}{25},,,,,],[$Oct$.\frac{1}{26},,,,,],[$Oct$.\frac{1}{27},,,,,],[$Oct$.\frac{1}{28},,,,,]]$

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$10$:$03$ PN